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Robinhood doubles its revenue as customers flock to Prediction Markets, other new businesses
MarketWatch· 2025-11-05 21:43
Core Insights - Robinhood reported third-quarter earnings with revenue of $1.27 billion, which represents a year-on-year increase of 100% [1] - The company achieved a profit of 61 cents per share, marking a 259% increase compared to the previous year [1] Financial Performance - Revenue doubled year on year to $1.27 billion [1] - Profit per share increased to 61 cents, up 259% from last year [1]
Lyft says push into Europe and luxury travel will help draw riders, as stock rises
MarketWatch· 2025-11-05 21:40
Core Insights - Lyft provided a fourth-quarter forecast for a key demand metric that exceeded Wall Street's expectations [1] - The company's expansion into Europe is expected to enhance sales in the upcoming year [1] Summary by Categories Financial Performance - Lyft's fourth-quarter forecast indicates stronger demand than anticipated by analysts [1] Strategic Initiatives - The company's push into the European market is anticipated to contribute positively to sales growth next year [1]
The U.S. is producing record amounts of oil — and putting profits at risk
MarketWatch· 2025-11-05 21:23
Core Insights - U.S. oil prices have decreased by over 15% this year, potentially jeopardizing the profitability of smaller producers [1] Industry Summary - The decline in oil prices could threaten the financial viability of smaller oil producers, as they may struggle to earn profits at the current price levels [1]
DoorDash expects bigger investments next year and a little less from Deliveroo, sinking shares
MarketWatch· 2025-11-05 21:20
Shares of DoorDash Inc. tumbled in extended trading Wednesday after the delivery platform said it plans to increase investments in its business next year and that its recent acquisition of Deliveroo w... ...
Figma's AI-powered software playbook delivers an earnings beat
MarketWatch· 2025-11-05 21:12
Core Insights - Figma achieved an annual revenue run rate exceeding $1 billion in the third quarter, indicating significant growth in the design platform's adoption [1] Company Summary - Figma's design platform has seen increased adoption, contributing to its milestone of crossing $1 billion in annual revenue run rate [1]
Is the media Trump bump back? New York Times' subscriber gains suggest so, but it's complicated.
MarketWatch· 2025-11-05 19:36
Core Insights - During Donald Trump's first term as president, news organizations experienced significant increases in audience and subscriber numbers [1] - In contrast, during his second term, these organizations did not see similar growth in audience and subscribers [1] Summary by Category Audience Growth - News organizations saw substantial audience gains during Trump's first term [1] - The increase in subscribers was notable during this period [1] Second Term Performance - The second term of Trump did not yield the same audience growth for news organizations [1] - Subscriber numbers remained stagnant or declined compared to the first term [1]
AMD just passed one test — but an even bigger one sits on the horizon
MarketWatch· 2025-11-05 15:26
While Advanced Micro Devices' downward stock move on Wednesday may not suggest it, the chip maker passed Wall Street's test with its latest earnings report and commentary. Now investors are hungry for... ...
A big part of the U.S. economy has revved up, ISM finds, but more speed bumps loom ahead
MarketWatch· 2025-11-05 15:16
The large services side of the U.S. economy grew in October at the fastest pace in eight months with the help of lower interest rates, but businesses expressed lingering worries over high tariffs and said the government shutdown could also cause pain if it drags on. ...
One bank crunched 200 years of data to show why it pays to stick with stocks over the long term
MarketWatch· 2025-11-05 15:01
With all the risks facing investors these days — from high valuations in the stock market to worries about an AI bubble and beyond — some might be tempted to stick their cash under the mattress. ...